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Welcome everybody to another episode of The Reside Daily Bite. The title of this show today is called “Good Realtors Work, Great Realtors Network” and the evidence of that today (you didn’t know that, did you?) is I’m here at a Tweetup event that my co-host, Michele, and myself  put together. We did that to basically take Twitter, bring it offline, make more of a relationship here on the Westside community and build some relationships here.

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It’s been a huge success – the 26th Annual California Coastal Clean Up Day. Many partook in picking up trash littered around Santa Monica pier and beach last Saturday, Sept. 25, 2010. I interviewed some of the people to ask the kind of trash they found scattered along the pier.

Thank you for all those who came out and contributed in cleaning up California coasts. And a big thank you to HealtheBay.org!
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Become part of one of the most participated volunteer marine activity of the year – the 26th Annual California Coastal Clean Up Day. Taking place on Saturday, September 25, 2010 from 8:30-9am until noon. Heal the Bay, Clean the Beaches.

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I discuss what is a short sale and the requirements to be considered for a short sale.

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I discuss a news piece that aired on 60 minutes last night about a new trend of homeowners walking away from their mortgages even though they can afford their home payments because their mortgage is “underwater”.
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I discussed an article i just recieved from the California Association of Realtors and the findings of a group called First American CoreLogic. The results may surprise you.

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I discussed a recent article in the wall street journal that casts some light on why we won’t see an federal tax extension but also stress why it’s still a good time to buy a house.

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San Franciscio Gate – Will loss of tax credit discourage home buyers?

I discuss an article in the san francisco gate about the federal home buyer tax credit expiring today.

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In this episode, I discussed a recent AP article that shows the small cost differential between renting vs. owning a home. you can read the artcle here.

Hello everybody and welcome to another episode of the Reside Daily Bite; I’m your host, David Doucette. Today, I want to talk to you about a recent article, an AP article, out of DailyNews.com that talks about renting versus home ownership. The title of the article is “Should you buy or rent a home? Cost gap narrows”.

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I discuss an article about the skinny on those “free” credit report companies. i also give you the website to order your truly free credit report at www.annualcreditreport.com.

Hello and welcome everybody to another episode of the Reside Daily Bite; I’m your host, David Doucette. Today, I want to talk to you about pre-credit reports and this is something that I think is important for all of us, as consumers. And there’s an article that came out of the San Francisco Gate a couple of weeks ago titled “Free credit reports not so free anymore“. What this is they’re cracking down the kind of misleading advertising that somebody’s credit reporting services are promoting.

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In this episode, i discuss a recent article at cnnmoney.com titled “getting a loan will be pricier“.

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In this episode, i discuss the value in seeking out free information.

Hello everybody and welcome to another episode of the Reside Daily Bite; I’m your host, David Doucette and I have to address the elephant in the room. Obviously I got my hair cut, about 30 minutes ago and actually it feels great although every time I go more and more, grey kind of falls on the little cape there. And the guy who cut my hair said they can fix that with this sort of flashback product that they have, but so far, the grey doesn’t bother me and I do subscribe to “Grey makes men more distinguished”. We’ll see if my subscription to that philosophy stays as time moves on. So, I just had to address that.

Then, I also want to talk about home owner education. First thing I want to mention is the first time homebuyer seminar that I’m doing here in our office/studio next Thursday, April 29 from 6:30 to 8:00 in the evening and I’ll have some wine and cheese. Mortgage broker, Dean Piller is going to be speaking about what a mortgage broker does. Heidi Smith from LA Citywide Escrow will be talking about the escrow process. The home inspector may or may not be able to make it that evening. And then, I’ll also be talking about what an agent does -completely free.

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In this episode, i discuss an article from yahoo real estate titled “12 hidden costs to be aware of”. while i don’t believe these costs are hidden, they should be taken into consideration when planning your budget during the home buying process. i keep it simple and short and just name the items. for a complete discussion of each of the 12 items, tune into the reside realtor online radio show, episode 009.


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episode 009. 12 costs buyers should know about

  • in this episode, i discuss 12 costs buyers should know about and take into consideration as they plan their budgets during the home buying process. you can click to read the complete yahoo news article.

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LIVE! on fridays. this podcast will be broadcast LIVE! on friday, time to be determined. join us LIVE!

REAL ESTATE SERVICES: are you looking to purchase a home? i specialize in working with homebuyers and first time buyers on the westside of los angeles. contact me to schedule a free 45 minute buyer’s consultation. i can be reached at the studio at 310.391.9191 or david@residerealestate.com

the following was sent to me this afternoon from the California Association of Realtors’ “Realegal newsletter”. it essentially states the funds for the first-time homebuyer tax credit won’t be around for long. if you’re sitting on the fence about buying a home, you need to read this;

The $100 million allocated for California’s first-time homebuyer tax credits may be depleted in about 10 to 20 days or sooner, according to C.A.R.’s Economics team.  California’s Franchise Tax Board (FTB) plans to begin accepting applications on May 1, 2010 for tax credits up to $10,000 for first-time homebuyers and for homes that have never been previously occupied.  However, the total tax credit allocation for all taxpayers is $100 million for first-time homebuyers and $100 million for new homes, both on a first-come, first-served basis.

C.A.R.’s forecast of 10 to 20 days to deplete the $100 million allocation for first-time home buyers is based on estimated May sales figures and other parameters.  It does not take into account the possibility that buyers scheduled to close escrow in April may delay closing until May to take advantage of the tax credit.  If a shift in closings from April to May occurs, the first-time homebuyer tax credits may be depleted even more quickly than indicated above.

Applications for the California tax credit must be faxed to the FTB after escrow closes.  The FTB will update its website when the 2010 application form and other information become available.

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new podcast episode!

Fannie, Freddie, FHA Oh My! with David Garrett, Mortgage Banker
special guest: david garrett
listen now!